Risk
Regulatory Safety, ranked
Exposure to securities classification, enforcement history and the standing of the issuing entity.
One of the 25 variables in the framework. 251 tokens rated. Scoring pass 18 Sept 2026.
Median
5/10
mean 5.45
Scoring 9 or 10
5
of 251 rated
Composite link
0.32
correlation with total score
Market link
0.28
rank correlation with market cap, n=236
01
What this variable measures
Exposure to securities classification, enforcement history and the standing of the issuing entity.
A 10 means a settled classification or a structure with no obvious attack surface. A 1 means live enforcement risk.
Regulatory outcomes are binary and they do not respect fundamentals. No other variable can zero a position outright.
02
What the universe says
Across 251 rated tokens the median score on Regulatory Safety is 5 of 10 and the mean is 5.45. 5 tokens score 9 or 10, and 5 score 2 or below. Ethereum leads at 10 of 10.
Regulatory Safety correlates 0.32 with the composite score across the universe, which makes it loosely tied to overall standing. That is low enough that the variable is finding something the rest of the framework misses, which is where a screen on it alone is worth running.
Against live market capitalisation for the 236 tokens with a matched market row, Regulatory Safety carries a rank correlation of 0.28. The market leans this way but does not price it consistently, so the ranking below still contains disagreement worth using.
The closest variable to Regulatory Safety is Institutional Adoption at 0.45, which is moderately tied to it. Nothing else in the framework restates this one, so it earns its slot.
Liquity (LQTY) scores 8 of 10 on Regulatory Safety, 6th of 251, on a market capitalisation under $500M. That gap between rank on this variable and rank by size is the whole reason to read the table rather than the top ten.
03
Distribution across the universe
11
42
103
244
1115
506
357
118
49
110
Tokens at each score from 1 to 10. The shape matters: a variable where almost everything clusters at 3 is telling you the whole category fails it, not that one token is unusual.
04
All 251 tokens ranked
Sorted by score on this variable alone, so a token can lead here and rank poorly overall. That disagreement is the useful part: it is where a single-variable screen finds something the composite averages away.
| # | Token | Regulatory Safety | Composite | Market cap | Verdict |
|---|---|---|---|---|---|
| 1 | ETHEthereumInstitutional settlement layer. Commodity classification. Burn collapsed but moat intact. | 10/10 | 187 | $313.17B | HOLD CORE |
| 2 | BTCBitcoinDigital gold with a large spot ETF complex and 94.5% supply mined. Store-of-value thesis intact, though ETF assets fell through 2026. | 9/10 | 183 | $1.67T | HOLD CORE |
| 3 | UNIUniswapFee switch live on 11+ chains. Protocol revenue $26-61M (P/S 57-73x). V4 on 18 chains, 2500+ hooks. 100M UNI burned but net inflationary (+1.43%/yr). BlackRock entered Feb 2026. a16z holds 41.5-55M UNI. $200M+ insider selling 2025. Unichain TVL $17.8-29.6M (not $532M). SEC safe harbor Apr 2026. | 9/10 | 167 | $4.91B | HOLD |
| 4 | LINKChainlink70% oracle dominance. DTCC Q4 2026. SOC 2 Type 2. $500M/yr treasury sell pressure. 2 ETFs live. | 9/10 | 165 | $10.01B | HOLD |
| 5 | AVAXAvalancheBest institutional traction among alt-L1s (3 ETFs, BlackRock BUIDL over $900M, SEC commodity, FIFA World Cup, CME futures). Revenue weakness real ($767K/yr current against Hyperliquid's roughly $844M 2025 revenue). Subnet L1s complement, not cannibalize. | 9/10 | 138 | $4.93B | CAUTIOUS HOLD |
| 6 | MKRMaker / Sky$124M Q1 revenue. 2.7x gross P/S (~6.7x net). Buyback allocation cut from 75% to 7.5% of surplus in Mar 2026 to fund a $150M Solvency Reserve. Sky rebrand: about 81% of MKR already upgraded to SKY. | 8/10 | 177 | not published | HOLD CORE |
| 7 | AAVEAaveKelpDAO $190-230M bad debt, 3 core team departures (ACI/BGD/Chaos), buybacks paused. But $142M rev, 55-63% share, V4+Umbrella live, SEC cleared. | 8/10 | 156 | $2.65B | HOLD |
| 8 | LQTYLiquityV2 is RE-deployment after Jan 2025 bug (same auditors didn't catch it). 99% circ. BOLD $30M (<0.01%). | 8/10 | 151 | $23.3M | HOLD |
| 9 | PAXGPAX Gold1:1 gold-backed token. Each PAXG = 1 troy oz London Good Delivery gold. | 8/10 | 141 | $1.79B | HOLD |
| 10 | SAFESafe (formerly Gnosis Safe)Token for the dominant smart-contract wallet securing $100B+ in assets, but governance token with minimal direct value accrual so far | 8/10 | 132 | $84.0M | CAUTIOUS HOLD |
| 11 | COMPCompound | 8/10 | 119 | $234.1M | WATCH |
| 12 | ONDOOndo Finance | 8/10 | 115 | $2.27B | WATCH |
| 13 | KASKaspa | 8/10 | 114 | $1.11B | WATCH |
| 14 | LTCLitecoin | 8/10 | 102 | $5.15B | WATCH |
| 15 | CFXConflux | 8/10 | 98 | $265.8M | PASS |
| 16 | ALGOAlgorand | 8/10 | 97 | $1.05B | PASS |
| 17 | GEODGEODNET | 7/10 | 169 | $137.0M | HOLD |
| 18 | COWCoW Protocol | 7/10 | 167 | $82.3M | HOLD |
| 19 | RETHRocket Pool ETH | 7/10 | 159 | $946.8M | HOLD |
| 20 | MORPHOMorpho | 7/10 | 157 | $1.75B | HOLD |
| 21 | GMXGMX | 7/10 | 143 | $84.3M | HOLD |
| 22 | ENSEthereum Name Service | 7/10 | 137 | $269.1M | CAUTIOUS HOLD |
| 23 | NEARNEAR Protocol | 7/10 | 135 | $6.64B | CAUTIOUS HOLD |
| 24 | ARBArbitrum | 7/10 | 134 | $1.25B | CAUTIOUS HOLD |
| 25 | AKTAkash Network | 7/10 | 129 | $210.6M | CAUTIOUS HOLD |
| 26 | GNOGnosis | 7/10 | 128 | $316.6M | CAUTIOUS HOLD |
| 27 | OPOptimism | 7/10 | 123 | $273.9M | CAUTIOUS HOLD |
| 28 | POLPolygon system Token | 7/10 | 123 | $1.08B | CAUTIOUS HOLD |
| 29 | GRTThe Graph | 7/10 | 121 | $297.6M | CAUTIOUS HOLD |
| 30 | XRPXRP | 7/10 | 121 | $90.31B | CAUTIOUS HOLD |
| 31 | ADACardano | 7/10 | 113 | $9.57B | WATCH |
| 32 | PYTHPyth Network | 7/10 | 107 | $557.2M | WATCH |
| 33 | SSVSSV Network | 7/10 | 106 | $42.1M | WATCH |
| 34 | RPLRocket Pool | 7/10 | 104 | $40.8M | WATCH |
| 35 | DOTPolkadot | 7/10 | 103 | $1.88B | WATCH |
| 36 | SCROLLScroll | 7/10 | 102 | $4.7M | WATCH |
| 37 | VETVeChain | 7/10 | 101 | $692.4M | WATCH |
| 38 | CORECore | 7/10 | 100 | $29.2M | WATCH |
| 39 | MINAMina Protocol | 7/10 | 98 | $121.4M | PASS |
| 40 | ZKZKsync | 7/10 | 95 | $129.1M | PASS |
| 41 | POLYXPolymesh | 7/10 | 95 | $52.9M | PASS |
| 42 | CELOCelo | 7/10 | 94 | $57.3M | PASS |
| 43 | CKBNervos Network | 7/10 | 93 | $61.4M | PASS |
| 44 | STRKStarknet | 7/10 | 93 | $366.4M | PASS |
| 45 | DOGEDogecoin | 7/10 | 89 | $13.83B | PASS |
| 46 | XTZTezos | 7/10 | 88 | $336.3M | PASS |
| 47 | EGLDMultiversX (prev. Elrond) | 7/10 | 85 | $123.2M | PASS |
| 48 | FLOWFlow | 7/10 | 78 | $53.4M | PASS |
| 49 | LRCLoopring | 7/10 | 78 | $13.2M | PASS |
| 50 | IOTAIOTA | 7/10 | 78 | $248.2M | PASS |
| 51 | ZILZilliqa | 7/10 | 63 | $64.9M | PASS |
| 52 | WSTETHWrapped Lido Staked ETH | 6/10 | 185 | $11.76B | HOLD CORE |
| 53 | SOLSolana | 6/10 | 170 | $68.57B | HOLD |
| 54 | SYRUPMaple Finance | 6/10 | 168 | $268.1M | HOLD |
| 55 | ETHFIEther.fi | 6/10 | 162 | $680.1M | HOLD |
| 56 | PENDLEPendle Finance | 6/10 | 160 | $391.5M | HOLD |
| 57 | CBETHCoinbase Wrapped Staked ETH | 6/10 | 158 | $484.5M | HOLD |
| 58 | AEROAerodrome Finance | 6/10 | 157 | $794.7M | HOLD |
| 59 | SUISui | 6/10 | 146 | $4.63B | HOLD |
| 60 | ARArweave | 6/10 | 140 | $274.9M | HOLD |
| 61 | ACXAcross Protocol | 6/10 | 137 | $30.5M | CAUTIOUS HOLD |
| 62 | JTOJito | 6/10 | 134 | $263.0M | CAUTIOUS HOLD |
| 63 | OLASOlas (Autonolas) | 6/10 | 129 | $13.4M | CAUTIOUS HOLD |
| 64 | TAOBittensor | 6/10 | 128 | $3.29B | CAUTIOUS HOLD |
| 65 | RENDERRender Network | 6/10 | 127 | $1.05B | CAUTIOUS HOLD |
| 66 | LPTLivepeer | 6/10 | 123 | $82.2M | CAUTIOUS HOLD |
| 67 | HNTHelium | 6/10 | 122 | $97.6M | CAUTIOUS HOLD |
| 68 | VELOVelodrome Finance | 6/10 | 121 | $46.1M | CAUTIOUS HOLD |
| 69 | TIACelestia | 6/10 | 120 | $432.0M | CAUTIOUS HOLD |
| 70 | STXStacks | 6/10 | 118 | $697.8M | WATCH |
| 71 | IMXImmutable X | 6/10 | 117 | $156.3M | WATCH |
| 72 | APTAptos | 6/10 | 116 | $652.3M | WATCH |
| 73 | QNTQuant | 6/10 | 116 | $3.53B | WATCH |
| 74 | SSonic (prev. Fantom) | 6/10 | 115 | $154.2M | WATCH |
| 75 | HBARHedera | 6/10 | 112 | $4.09B | WATCH |
| 76 | YFIYearn Finance | 6/10 | 111 | $86.4M | WATCH |
| 77 | MATICPolygon (Legacy) | 6/10 | 110 | $1.08B | WATCH |
| 78 | IOio.net | 6/10 | 108 | $63.1M | WATCH |
| 79 | STORJStorj | 6/10 | 108 | $12.3M | WATCH |
| 80 | XLMStellar | 6/10 | 108 | $7.01B | WATCH |
| 81 | THETATheta Network | 6/10 | 105 | $214.2M | WATCH |
| 82 | CVXConvex Finance | 6/10 | 103 | $193.9M | WATCH |
| 83 | ICPInternet Computer | 6/10 | 102 | $1.75B | WATCH |
| 84 | FILFilecoin | 6/10 | 101 | $867.2M | WATCH |
| 85 | API3API3 | 6/10 | 99 | $45.0M | PASS |
| 86 | ORDIORDI | 6/10 | 96 | $88.5M | PASS |
| 87 | ANKRAnkr Network | 6/10 | 96 | $46.1M | PASS |
| 88 | BALBalancer | 6/10 | 95 | $9.1M | PASS |
| 89 | BONKBonk | 6/10 | 93 | $300.8M | PASS |
| 90 | OSMOOsmosis | 6/10 | 93 | $26.6M | PASS |
| 91 | MOBILEHelium Mobile | 6/10 | 92 | $6.0M | PASS |
| 92 | WWormhole | 6/10 | 92 | $93.6M | PASS |
| 93 | PEPEPepe | 6/10 | 92 | $1.70B | PASS |
| 94 | NANONano | 6/10 | 90 | $46.6M | PASS |
| 95 | WIFdogwifhat | 6/10 | 88 | $227.9M | PASS |
| 96 | ROSEOasis Network | 6/10 | 84 | $62.0M | PASS |
| 97 | KAVAKava | 6/10 | 80 | $71.7M | PASS |
| 98 | BANDBand Protocol | 6/10 | 73 | $40.8M | PASS |
| 99 | JASMYJasmyCoin | 6/10 | 67 | $243.3M | PASS |
| 100 | KDAKadena | 6/10 | 50 | $3.0M | PASS |
| 101 | ONEHarmony | 6/10 | 48 | $32.9M | PASS |
| 102 | VIRTUALVirtuals Protocol | 5/10 | 151 | $502.6M | CAUTIOUS HOLD |
| 103 | JUPJupiter | 5/10 | 151 | $1.04B | HOLD |
| 104 | CETUSCetus Protocol | 5/10 | 147 | $25.0M | HOLD |
| 105 | LDOLido DAO | 5/10 | 146 | $353.8M | HOLD |
| 106 | FLUIDFluid (Instadapp) | 5/10 | 145 | $158.2M | CAUTIOUS HOLD |
| 107 | OKBOKB | 5/10 | 145 | $2.75B | HOLD |
| 108 | DRIFTDrift Protocol | 5/10 | 142 | $14.3M | HOLD |
| 109 | CRVCurve Finance | 5/10 | 140 | $552.7M | HOLD |
| 110 | INJInjective | 5/10 | 139 | $727.9M | CAUTIOUS HOLD |
| 111 | KMNOKamino Finance | 5/10 | 138 | $214.9M | CAUTIOUS HOLD |
| 112 | BGBBitget Token | 5/10 | 135 | $1.37B | CAUTIOUS HOLD |
| 113 | SNXSynthetix | 5/10 | 130 | $137.5M | CAUTIOUS HOLD |
| 114 | BERABerachain | 5/10 | 127 | $76.8M | CAUTIOUS HOLD |
| 115 | LITLighter | 5/10 | 125 | $876.5M | WATCH |
| 116 | CAKEPancakeSwap | 5/10 | 123 | $698.0M | CAUTIOUS HOLD |
| 117 | ORCAOrca | 5/10 | 123 | $167.2M | CAUTIOUS HOLD |
| 118 | MAVMaverick Protocol | 5/10 | 121 | $13.1M | CAUTIOUS HOLD |
| 119 | VRTXVertex Protocol | 5/10 | 121 | not published | CAUTIOUS HOLD |
| 120 | CHZChiliz | 5/10 | 120 | $165.6M | CAUTIOUS HOLD |
| 121 | PRIMEEchelon Prime | 5/10 | 119 | $14.8M | WATCH |
| 122 | MNDEMarinade | 5/10 | 119 | $15.6M | WATCH |
| 123 | WOOWOO Network | 5/10 | 118 | $23.6M | WATCH |
| 124 | STGStargate Finance | 5/10 | 117 | $20.1M | WATCH |
| 125 | JOETrader Joe | 5/10 | 117 | $17.4M | WATCH |
| 126 | CFGCentrifuge | 5/10 | 115 | not published | WATCH |
| 127 | TNSRTensor | 5/10 | 112 | $27.8M | WATCH |
| 128 | FTMFantom | 5/10 | 111 | not published | WATCH |
| 129 | KNCKyber Network | 5/10 | 110 | $28.1M | WATCH |
| 130 | FETFetch.ai (ASI Alliance) | 5/10 | 109 | $522.8M | WATCH |
| 131 | DYDXdYdX | 5/10 | 109 | $113.2M | WATCH |
| 132 | BICOBiconomy | 5/10 | 109 | $20.1M | WATCH |
| 133 | PERPPerpetual Protocol | 5/10 | 108 | $2.8M | WATCH |
| 134 | ALCXAlchemix | 5/10 | 108 | $6.6M | WATCH |
| 135 | OMMANTRA | 5/10 | 108 | $29.1M | WATCH |
| 136 | EIGENEigenLayer | 5/10 | 107 | $226.1M | WATCH |
| 137 | VELAVela Exchange | 5/10 | 107 | not published | WATCH |
| 138 | GELGelato | 5/10 | 107 | $498.0K | WATCH |
| 139 | SLNDSolend | 5/10 | 106 | not published | WATCH |
| 140 | GTCGitcoin | 5/10 | 106 | $15.9M | WATCH |
| 141 | FXSFrax Share | 5/10 | 105 | $28.3M | WATCH |
| 142 | QUICKQuickSwap | 5/10 | 105 | $7.0M | WATCH |
| 143 | PENGUPudgy Penguins | 5/10 | 104 | $535.4M | WATCH |
| 144 | RDNTRadiant Capital | 5/10 | 104 | $1.0M | WATCH |
| 145 | RONRonin | 5/10 | 104 | $49.1M | WATCH |
| 146 | MLNEnzyme (Melon) | 5/10 | 104 | not published | WATCH |
| 147 | RSRReserve Rights | 5/10 | 104 | $100.3M | WATCH |
| 148 | KLAYKlaytn | 5/10 | 103 | not published | WATCH |
| 149 | KSMKusama | 5/10 | 103 | $90.6M | WATCH |
| 150 | SHDWShadow Token | 5/10 | 103 | $5.3M | WATCH |
| 151 | CROCronos | 5/10 | 102 | $3.12B | WATCH |
| 152 | TRUTrueFi | 5/10 | 102 | $1.1M | WATCH |
| 153 | ATHAethir | 5/10 | 101 | $132.9M | WATCH |
| 154 | ILVIlluvium | 5/10 | 101 | $31.5M | WATCH |
| 155 | MCMerit Circle (Beam) | 5/10 | 101 | not published | WATCH |
| 156 | DASHDash | 5/10 | 101 | $683.9M | WATCH |
| 157 | GMTSTEPN | 5/10 | 101 | $25.0M | WATCH |
| 158 | AUDIOAudius | 5/10 | 101 | $22.7M | WATCH |
| 159 | SEISei | 5/10 | 100 | $457.3M | WATCH |
| 160 | BADGERBadgerDAO | 5/10 | 100 | $6.4M | WATCH |
| 161 | USUALUsual Protocol | 5/10 | 99 | $23.6M | PASS |
| 162 | FLRFlare | 5/10 | 99 | $609.8M | PASS |
| 163 | NMRNumeraire | 5/10 | 98 | $105.4M | PASS |
| 164 | IOTXIoTeX | 5/10 | 98 | $34.2M | PASS |
| 165 | COTICOTI | 5/10 | 97 | $39.1M | PASS |
| 166 | SKLSKALE | 5/10 | 97 | $26.6M | PASS |
| 167 | ACHAlchemy Pay | 5/10 | 97 | not published | PASS |
| 168 | REQRequest | 5/10 | 97 | $42.8M | PASS |
| 169 | RADRadicle | 5/10 | 97 | $19.5M | PASS |
| 170 | POOLPoolTogether | 5/10 | 96 | $176.3K | PASS |
| 171 | FLUXFlux | 5/10 | 96 | $191.3K | PASS |
| 172 | CTSICartesi | 5/10 | 96 | $27.7M | PASS |
| 173 | YGGYield Guild Games | 5/10 | 95 | $22.5M | PASS |
| 174 | GLMRMoonbeam | 5/10 | 94 | $13.9M | PASS |
| 175 | RLCiExec | 5/10 | 94 | $61.1M | PASS |
| 176 | 1INCH1inch Network | 5/10 | 93 | $138.1M | PASS |
| 177 | PROPPropy | 5/10 | 93 | $35.2M | PASS |
| 178 | MBOXMOBOX | 5/10 | 92 | $298.5K | PASS |
| 179 | HOPRHOPR | 5/10 | 92 | $8.7M | PASS |
| 180 | SNTStatus | 5/10 | 92 | $38.1M | PASS |
| 181 | ALPHAAlpha Venture DAO | 5/10 | 91 | $483.2K | PASS |
| 182 | PONDMarlin | 5/10 | 91 | $14.2M | PASS |
| 183 | TRBTellor | 5/10 | 90 | $56.4M | PASS |
| 184 | CELRCeler Network | 5/10 | 90 | $22.9M | PASS |
| 185 | ETCEthereum Classic | 5/10 | 90 | $1.32B | PASS |
| 186 | ALICEMy Neighbor Alice | 5/10 | 89 | $16.9M | PASS |
| 187 | FLOKIFLOKI | 5/10 | 88 | $257.5M | PASS |
| 188 | PEAQpeaq | 5/10 | 88 | $102.2M | PASS |
| 189 | HIGHHighstreet | 5/10 | 88 | not published | PASS |
| 190 | SXPSolar | 5/10 | 88 | $2.5M | PASS |
| 191 | DENTDent | 5/10 | 88 | $6.2M | PASS |
| 192 | BLASTBlast | 5/10 | 87 | $4.9M | PASS |
| 193 | LEVERLeverFi | 5/10 | 87 | not published | PASS |
| 194 | NOSNosana | 5/10 | 86 | $52.5M | PASS |
| 195 | GOGGuild of Guardians | 5/10 | 86 | $960.1K | PASS |
| 196 | AGLDAdventure Gold | 5/10 | 86 | $18.0M | PASS |
| 197 | CANTOCanto | 5/10 | 86 | $2.0M | PASS |
| 198 | BLURBlur | 5/10 | 84 | $55.8M | PASS |
| 199 | FORTHAmpleforth Governance | 5/10 | 84 | $3.0M | PASS |
| 200 | MASKMask Network | 5/10 | 82 | $45.8M | PASS |
| 201 | WAXPWAX | 5/10 | 81 | $26.9M | PASS |
| 202 | MANTAManta Network | 5/10 | 76 | $31.1M | PASS |
| 203 | SUSHISushiSwap | 5/10 | 74 | $66.7M | PASS |
| 204 | RVNRavencoin | 5/10 | 74 | $36.1M | PASS |
| 205 | MODEMode Network | 5/10 | 72 | $666.9K | PASS |
| 206 | SHIBShiba Inu | 5/10 | 71 | $3.17B | PASS |
| 207 | RBNRibbon Finance | 5/10 | 68 | $1.7M | PASS |
| 208 | SUPERSuperVerse | 5/10 | 67 | $144.5M | PASS |
| 209 | MOVEMovement | 5/10 | 67 | $40.6M | PASS |
| 210 | MANADecentraland | 5/10 | 66 | $197.1M | PASS |
| 211 | QTUMQtum | 5/10 | 61 | $97.7M | PASS |
| 212 | MEMEMemecoin | 5/10 | 57 | $36.6M | PASS |
| 213 | HYPEHyperliquid | 4/10 | 193 | $19.71B | HOLD CORE |
| 214 | SKYSky (formerly Maker) | 4/10 | 141 | $1.86B | CAUTIOUS HOLD |
| 215 | BANANABanana Gun | 4/10 | 135 | $15.5M | CAUTIOUS HOLD |
| 216 | LEOUNUS SED LEO | 4/10 | 126 | $8.19B | CAUTIOUS HOLD |
| 217 | GTGateToken | 4/10 | 123 | not published | CAUTIOUS HOLD |
| 218 | KCSKuCoin Token | 4/10 | 119 | not published | WATCH |
| 219 | GRASSGrass | 4/10 | 111 | $457.9M | WATCH |
| 220 | APEApeCoin | 4/10 | 102 | $146.9M | WATCH |
| 221 | ATOMCosmos | 4/10 | 96 | $899.5M | PASS |
| 222 | ALPACAAlpaca Finance | 4/10 | 95 | $138.7K | PASS |
| 223 | INVInverse Finance | 4/10 | 95 | $6.9M | PASS |
| 224 | FARMHarvest Finance | 4/10 | 93 | $5.1M | PASS |
| 225 | BONDBarnBridge | 4/10 | 82 | $93.5K | PASS |
| 226 | PRCLParcl | 4/10 | 80 | $5.5M | PASS |
| 227 | IDEXIDEX | 4/10 | 77 | $838.1K | PASS |
| 228 | AXSAxie Infinity | 4/10 | 76 | $207.3M | PASS |
| 229 | BTTBitTorrent | 4/10 | 76 | $357.4M | PASS |
| 230 | MCBMCDEX | 4/10 | 76 | $8.9M | PASS |
| 231 | NOTNotcoin | 4/10 | 73 | $45.0M | PASS |
| 232 | POPCATPopcat | 4/10 | 73 | $46.9M | PASS |
| 233 | SPELLSpell Token | 4/10 | 63 | $16.0M | PASS |
| 234 | DOGSDOGS | 4/10 | 62 | $22.6M | PASS |
| 235 | SANDThe Sandbox | 4/10 | 58 | $219.2M | PASS |
| 236 | NEIRONEIRO | 4/10 | 56 | $35.3M | PASS |
| 237 | RAYRaydium | 3/10 | 129 | $670.5M | CAUTIOUS HOLD |
| 238 | ENAEthena | 3/10 | 120 | $3.06B | CAUTIOUS HOLD |
| 239 | GNSGains Network | 3/10 | 116 | $9.5M | WATCH |
| 240 | TONToncoin | 3/10 | 110 | $4.02B | WATCH |
| 241 | ZROLayerZero | 3/10 | 106 | $850.4M | WATCH |
| 242 | ZECZcash | 3/10 | 101 | $22.59B | WATCH |
| 243 | HTHuobi Token | 3/10 | 98 | $16.3M | PASS |
| 244 | MXMEXC Token | 3/10 | 94 | not published | PASS |
| 245 | NEONeo | 3/10 | 68 | $166.5M | PASS |
| 246 | GALAGala Games | 3/10 | 53 | $114.2M | PASS |
| 247 | BNBBNB | 2/10 | 144 | $102.38B | HOLD |
| 248 | TRXTRON | 2/10 | 125 | $31.81B | CAUTIOUS HOLD |
| 249 | XMRMonero | 2/10 | 117 | $10.41B | WATCH |
| 250 | WLDWorldcoin | 2/10 | 89 | $1.96B | PASS |
| 251 | RUNETHORChain | 1/10 | 106 | $234.5M | PASS |
Scores come from the research pass dated 18 Sept 2026 and do not move with price. Market capitalisation is from the live snapshot fetched 7 Oct 2026, so the two columns are stamped at different times on purpose.
05
Variables that move with this one
Correlations across all 251 rated tokens. A number near 1 means the two variables are close to the same measurement, which is worth knowing before treating a second high score as independent confirmation of the first.
06
Common questions
- Which crypto tokens score highest on regulatory safety?
- Ethereum (ETH) at 10, Bitcoin (BTC) at 9, Uniswap (UNI) at 9, Chainlink (LINK) at 9, Avalanche (AVAX) at 9 lead the 251 rated tokens on Regulatory Safety, each scored 1 to 10 against the same definition.
- What is a good regulatory safety score?
- The median across the universe is 5 of 10 and the mean is 5.45, so anything at 7 or above sits well inside the top of the distribution. Only 5 of 251 tokens reach 9 or 10.
- Does regulatory safety affect a token's market cap?
- Rank correlation between Regulatory Safety and market capitalisation is 0.28 across 236 tokens with live market data. That is a weak relationship, so the market prices it only partly.
Keep reading
Research and analysis, not investment advice. Correlations describe the rated universe at one point in time and are not predictions.